Why is Bajel Projects falling/rising?

As of 04-Aug, Bajel Projects Ltd is currently priced at 237.05, reflecting an increase of 0.75 (0.32%). The stock has shown a positive trend recently, having outperformed its sector by 0.48% today and achieving consecutive gains over the last two days with a total return of 0.44%. Despite a decline of 4.53% over the past month and a year-to-date drop of 13.42%, the stock has seen a 3.47% increase over the past week. The company benefits from a low debt-to-equity ratio and strong long-term growth, with net sales and operating profit increasing significantly. Additionally, institutional investors have raised their stake in the company, indicating growing confidence in its fundamentals.
In the broader market context, Bajel Projects has outperformed the Sensex by 3.31% over the past week, as the benchmark index only rose by 0.16%. However, the stock's performance over the longer term has been less favorable, with a 1-year decline of 16.82% compared to a slight increase of 0.05% in the Sensex. The recent increase in institutional investor participation suggests a potential shift in market sentiment, which could be contributing to the stock's recent upward movement despite the overall negative trends in longer time frames.